Welcome!

Blog Feed Post

Petrotechnics to Share New Approach to Managing Asset Integrity Risk at Oil & Gas IQ AIM, Stavanger

Aberdeen, 21 January - Petrotechnics, the global leader in transforming frontline operational performance and lowering operational risk will be presenting at the Oil and Gas IQ Asset Integrity Management Summit in Stavanger, 27th - 29th January 2014.

Petrotechnics will present a plenary session exploring the use of new technology to better manage Asset Integrity risk and improve production efficiency. The presentation will highlight the importance of achieving a holistic understanding of overall operational risk by linking Asset Integrity risk (barrier impairments) with the current workload risk.

In hazardous industries, the challenge to achieve better ways of managing Asset Integrity risk is ongoing and the failure to do so results in increased operational and safety risks to the asset, the people and the environment. The combined pressures of compliance, regulations and production efficiency add to these challenges and can significantly impact the bottom line, underlining the need for integrated and sophisticated programmes to minimize impact on production.

Traditionally, organizations struggle to consistently and reliably capture the most appropriate data required to provide them with accurate risk profiles of the status of the plant and the cumulative risk of all of the work scheduled to take place during a defined period of time. Where organizations have a holistic view of their operating environment including the health of their barriers, day-to-day risk and the dynamic interaction of the two, they can make more informed and effective decisions to lower risk and allow more work to be done safely.

Petrotechnics will highlight how Asset Integrity professionals can use new technology to systemize how operational risk is dynamically captured, visualized and managed across plants. With a common and improved view of operational risk, organizations can make better informed decisions to improve the overall the health, integrity, safety and efficiency of assets in order to get more work done safely and improve operational excellence.

"We've been helping companies to lower operational risk and improve production efficiency for over a decade. We help our customer to optimize how they manage the link between Asset Integrity and Workload Management to improve frontline operations", said Scott Lehmann, Vice President of Product Management and Marketing. "With Proscient, our customers are able to proactively optimize the work schedule by managing workload against risk in the dynamic plan, enabling them to get more of the right work done safely, efficiently and sustainably. AIM Stavanger will give us the ideal forum to share our passion and expertise with the Asset Integrity Management audience", added Lehmann.

Attendance at the event follows Petrotechnics' recent partnership with Oil and Gas IQ's Global Asset Integrity Event Series to provide thought-leadership and practical solutions on the topic of Asset Integrity risk management. This will be the second event in the series with Petrotechnics taking a leading role following the success of Asset Integrity Management Houston where Proscient was met with enthusiasm and interest from some of the leading Oil and Gas operators in the US and had particular resonance with senior Asset Integrity and HSE delegates.

For more information visit: http://www.petrotechnics.com/solutions/lowering-operational-risk

END

For further details, please contact;
Jennifer Urquhart
Telephone: + 1224 395951
Mobile: + 7534 280540
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...